03:55 PM, 15th Apr 2023
As per Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations2015 the compliance with the corporate Governance provisions as specified in Regulations 1717A1819202122232424A252627 and clauses (b) to (i) of Sub-regulation (2) of Regulation 46 and para C D and E of Schedule V shall not apply in respect of-The listed entity having Paid up equity share capital not exceeding ten Crore and Net Worth not exceeding Rupees twenty five Crore as of the last day of the Previous Financial Year. Prashant India having its registered office at Block No. 456 Palsana Char Rasta Palsana Dist Surat-394315 Gujarat India falls within the ambit of the aforesaid exemption.Hence our company is not required to submit Disclosures of the Related Party Transaction under Regulation 23(9) of SEBI (LODR) Regulations 2015 for the half year ended 31st March 2023.